Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, NJ The Los Angeles investment manager bought the properties from Equity...
Dallas Business Journal Cawley Partners has bought Harwood No 1, a 106,000-square-foot office building in Dallas from the lender that had taken title to it late last year The local company purchased the seven-story property from First United Bank,...
Philadelphia Business Journal The Eastern Atlantic State Regional Council of Carpenters has paid $52 million, or $25026/sf, for the 207,770-square-foot office property at 5 Crescent Drive and 4411 South Broad St in Philadelphia’s Navy Yard...
CJ Park & Associates has paid $27 million, or $18887/sf, for Pacific Town Center, a 142,957-square-foot shopping center in Stockton, Calif The Los Angeles investment manager acquired the property, at 616-760 West Hammer Lane, from Brixton...
South Florida Business Journal Tandel Group 6 LLC has purchased the 199-unit Douglas Enclave apartment property in Miami’s Little Havana neighborhood for $68 million, or $341,709/unit The Miami-based company, which is managed by Abdolmajid...
South Florida Business Journal An affiliate of Lone Star Funds has bought the two-building Alhambra office complex in the Miami suburb of Coral Gables, Fla, for $1196 million, or $37661/sf The Dallas company purchased the 317,566-square-foot...
John M Corcoran & Co has paid $536 million, or $422,047/unit, for the 127-unit 929 Mass apartment property in Cambridge, Mass The Braintree, Mass, investor acquired the property, at 929 Massachusetts Ave, from Equity Residential of Chicago in a...
Commercial Real Estate Direct Staff Report An Orange County, Calif, family office operating as Plaza Pacifica LP has paid $21 million, or nearly $887/sf, for Plaza Pacifica, a 23,679-square-foot retail property in the Southern California city of San...
Atlanta Business Chronicle Highline Real Estate Capital has bought the 177,500-square-foot Salem Gate Market in Conyers, Ga, for $254 million, or $14310/sf The Miami investment firm purchased the retail property through its Highline Real Estate Fund...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $558 million loan against the San Francisco Centre retail and office property in San Francisco have taken ownership of it The trusts placed a winning credit bid of $1302 million...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
